Today’s sports drinks are more specialized than ever before with new formulations to meet the changing customer demands. Formulations play an important role in producing sports drinks and over the years these formulations have changed a little. Manufacturers are revamping sports drinks to meet sugar-content, flavor, protein and nutrition demand. Meanwhile, they are also focusing on using natural and organic ingredients in sports drinks. Sports drinks manufacturers are investing in research of ingredients that help final formula to achieve its purpose of rehydration. Hence, new formulation methods in sports drinks are gaining traction globally.
For detailed insights on enhancing your product footprint, request for a sample here – https://www.factmr.com/connectus/sample?flag=S&rep_id=254
However, some of the biggest challenges facing sports drinks are reducing sugar content without losing the flavor, adhering changing consumer demands, adapting to the policy changes and maintaining clean labels. Manufacturers are also facing recalls, hence they are focusing more on safety measures, transparency, plant maintenance, etc.
According to the latest report by Fact.MR, the global sports drink market is expected to reach close to US$ 25,500 million value towards the end of 2024. During the forecast period, 2017-2022, the market is anticipated to witness steady CAGR, owing to the increasing number of consumers shifting away from sodas and carbonated soft drinks. Moreover, key players innovating their product line by introducing new flavors are also attracting more consumers. Following insights show how the global sports drinks market will perform.
For critical insights on this market, request for methodology here – https://www.factmr.com/connectus/sample?flag=RM&rep_id=254
5 Forecast Highlights on Global Sports Drink Market
- North America is expected to remain dominant in the global sports drink market. North America sports drinks market is projected to reach nearly US$ 9,700 million value by the end of 2024. Owing to the increasing number of people seeking healthy and active lifestyle, the North America is witnessing steady growth in sports drinks market.
- Europe is anticipated to emerge as the second largest market in sports drinks. The region will showcase steady growth during 2017-2022.
- Isotonic sports drinks will emerge as one of the most-preferred sports drinks, surpassing US$ 11,700 million in revenues by 2024 end. Containing similar concentration of sugar and salt as in human body, while offering natural fluid balance makes Isotonic popular among athletes.
- Recovery drinks on basis of consumption are gaining traction in the global sports drinks market. Towards the end of 2017, one out of every two sports drinks consumed globally will be a recovery drink.
- Compared to various distribution channels in sports drinks, Modern trade is expected to be the largest, gaining around one-third revenue share by the end of 2017. Meanwhile, E-Commerce is anticipated to account for the lowest revenue share in the global sports drink market.
For in-depth competitive analysis, buy now – https://www.factmr.com/checkout/254/S
The report has also profiled leading players in the global market for sports drink, which will remain active through 2024. These include companies such as Abbott Laboratories, The Coca-Cola Company, Monster Beverage Corp, Red Bull GmbH, Suntory Beverage & Food Ltd., GlaxoSmithKline Plc., Dr Pepper Snapple Group, Inc., Pepsico Inc., Nestlé S.A., GNC Holdings Inc., and PacificHealth Laboratories, Inc.
Regional analysis includes
- North America (U.S., Canada)
- Latin America (Brazil, Mexico, Argentina, Chile, Peru, Rest of LATAM)
- EU – (Germany, France, Italy, Spain), UK, BENELUX (Belgium, Netherlands, Luxemburg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Rep. etc.), Rest of Europe
- CIS & Russia
- Japan
- Asia Pacific Excluding Japan (Greater China, India, S. Korea, ASEAN Countries, Rest of APEJ)
- Middle East and Africa (GCC Countries, Turkey, Iran, Israel, South Africa, Rest of MEA)
For comprehensive insights on this market adoption, ask an analyst here – https://www.factmr.com/connectus/sample?flag=AE&rep_id=254
Why Choose Fact.MR?
- Serve Myriads of Clients Simultaneously
- Evidence-Based Information
- AI-Powered Solutions for Unique Market Challenges
- Regularly Updated Database for Current Trends Analysis
- Round-The-Clock Consultation Service
Explore Fact.MR’s Comprehensive Coverage on Food & Beverages Landscape
Ice Tea Market, Forecast, Trend, Analysis & Competition Tracking – Global Market Insights 2024 to 2030: https://www.factmr.com/report/ice-tea-market
Plant-based Fish Market, Forecast, Trend, Analysis & Competition Tracking – Global Market Insights 2024 to 2031: https://www.factmr.com/report/plant-based-fish-market
Animal Feed Probiotics Market, Forecast, Trend, Analysis & Competition Tracking – Global Market Insights 2024 to 2031: https://www.factmr.com/report/2891/animal-feed-probiotics-market
About Us:
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.
Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Email: [email protected]
Visit Our Website: https://www.factmr.com
